PNE AG announces placement of a bond to finance the further development of the Company

Wind Industry Profile of

Target volume of € 50 million and a term of five years / Exchange offer to holders of the 2018/2023 bond and public offer / Coupon range for pricing from 4.500 to 5.250% / Improving the financing structure and financing further growth

PNE AG, a leading international developer and operator of renewable energy power plants with a listing in the Prime Standard of the German Stock Exchange, plans to place a corporate bond with a target volume of euro 50 million (with an option to increase). The corporate bond, which will be issued in bonds with a nominal value of euro 1,000.00 each, has a term from June 23, 2022 to June 23, 2027. The coupon range is set at 4.500% to 5.250%, with the exact coupon range being determined during the offer period. IKB Deutsche Industriebank AG is... ... More: Official Press Release PNE AG

Keywords:

PNE, shareholder, exchange, bond, green, growth, sustainability, financing, renewable energy, Stock Exchange, transaction, developer